On 1 July 2014, Peter Limited acquired all the issued shares of Kerri Limited for $100 000 when the equity of Kerri Limited consisted of:

The pre-acquisition entry at 1 July 2014 is:

Question

On 1 July 2014, Peter Limited acquired all the issued shares of Kerri Limited for $100 000 when the equity of Kerri Limited consisted of:

The pre-acquisition entry at 1 July 2014 is:

Quizplus · Accepted Answer

The Answer of On 1 July 2014, Peter Limited acquired all the issued shares of Kerri Limited for $100 000 when the equity of Kerri Limited consisted of:

The pre-acquisition entry at 1 July 2014 is:

On 1 July 2014, Peter Limited Acquired All the Issued